Fake currency racket: 4 from Jharkhand arrested in Karnataka

The Karnataka police arrested 4 people from Jharkhand for their involvement in a fake currency racket in Gadag town.

According to the police, the 4 people, who hailed from Sahebganj district in Jharkhand, arrived in Gadag a week ago. They approached local traders with fake currencies in return for monetary favours. The traders brought the matter to the notice of the local police officials.

The police team raided the hotel where the 4 were staying and found fake currencies in the denomination of Rs 1,000 (totaling 354,000) in their possession. The police impounded Rs 16,000 cash and 4 mobile phones from the accused. The case has been handed over to the Crime Investigation Department.

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